In this seminar Julianne Shelton, Business Coach at ActionCOACH Truro, and Kirsty Davey, Partner at Coodes Solicitors, will look at the steps you need to take to plan for and to successfully exit your business.
This is tailored for Cornish business owners that may be preparing for exit within the next 5 years that want to get ahead by understanding more about the various options and processes to ensure; the right exit, at the right time and for the right value.
What You’ll Learn:
- How to prepare to exit your business – is everything in place to make the transition as smooth as possible?
- How to use the ActionCOACH 9 steps model to systemise your business so it can work without you, and is ready to be exited.
- Selecting your route – what does a successful exit look like for you? Are you planning on passing your business down to the next generation of your family, open to your team to form a management buy-out (MBO). Are you looking for investors and/or a management buy-in (MBI) or simply a straight sale? Each route will be carefully explained with examples.
- A tour through the process – what the process for exiting a business looks like and how long it could take.
- Preparing for Due Diligence – to help in the preparations for what to expect and to ensure that you have all necessary documentation and processes in place to ensure you have a clean exit.
- Gain valuable personal experiences from Julianne, having navigated this process when she successfully exited her former business Cornish Gems in 2023 (after two failed attempts).
